THIS PROMISSORY NOTE EXECUTED AT ___________ ON THIS
____ DAY OF________TWO THOUSAND SEVENTEEN, BY:
Mr. ___________, son of Mr. __________, aged about ____________ years
residing at.________________________, (ID NO: ) (Mobile no ) hereinafter called the ‘BORROWER’
TO AND IN FAVOUR OF
Mr. _______________, son of Mr. ____________, aged about ___________
years, residing at _____________________, (ID NO: ) (Mobile no) hereinafter called the ‘LENDER’
Whereas the Borrower Thiru__________ has borrowed a sum of Rs.______
(Rupees _____________ only) as personal loan from the lender for meeting out his family expenses.
Whereas the Borrower hereby promises to pay the lender ON DEMAND the sum of Rs.__________/- (Rupees ______________ only) with an interest at the rate of ____%.
IN WITNESS WHEREOF THE BORROWER HAD SET HIS HAND ON THE
DAY, MONTH AND YEAR FIRST ABOVE WRITTEN, IN THE PRESENCE OF THE FOLLOWING WITNESSES.